- Title
- Structural change, productivity and the middle income trap: South Africa in comparative perspective
- Creator
- Fryer, David, Cattaneo, Nicolette S
- Subject
- To be catalogued
- Date
- 2014
- Type
- text
- Type
- book chapter
- Identifier
- http://hdl.handle.net/10962/470354
- Identifier
- vital:77351
- Identifier
- ISBN
- Description
- Most BRICS countries have been characterized as either being in the middle income trap (South Africa, and in most studies, Brazil) or vulnerable to it. While China and India are unlikely to stagnate to the extent of being caught in such a trap, there is concern about the impact on the global economy if their growth rates decelerate significantly. T his paper explores patterns of structural change and productivity growth in the BRICS countries with a focus on South Africa and the concept of a middle income trap. The paper is structured as follows. Section 1 considers definitions and which countries are affected. Section 2 considers competing explanations of patterns of structural change and productivity growth. Section 3 focuses on the productivity debate in South Africa from a comparative perspective. Section 4 concludes with policy implications and directions for future research in the BRICS countries.
- Format
- 14 pages, pdf
- Publisher
- BRICS Academic Forum
- Language
- English
- Relation
- Fryer, D. and Cattaneo, N., 2014. Structural change, productivity and the middle income trap: South Africa in comparative perspective. In BRICS Academic Forum (pp. 1-15)
- Rights
- Publisher
- Rights
- Use of this resource is governed by the terms and conditions of the publisher
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Collections
Fryer, David (Mr)
Cattaneo, Nicolette Sylvie (Ms)
RU Books and Book Chapters
SDG 08. Decent Work and Economic Growth
RU Department of Economics and Economic History
| Thumbnail | File | Description | Size | Format | |||
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| View Details | SOURCE1 | Structural change, productivity and the middle income trap.pdf | 6 MB | Adobe Acrobat PDF | View Details |